The financial statements and discussion and analysis of our financial condition, results of operations, and financial statements contained right here within should be read in con found here. This discussion and analysis may contain forward-looking statements reflecting our current expectations that involve risks and uncertainties. Actual results and the timing of events may differ materially from those contained in these forward-looking statements due to a number of factors.
CWS Assets Inc. (the latest «Team,» «I,» «Our») try good Virginia created enterprise designed thereon acquires and you will protects real estate supported loans, along with other a property related assets, to incorporate solitary friends house and you can shorter, multi-relatives residential properties. The firm, purchases carrying out and you will non-carrying out promissory notes, lines of credit, and you can belongings payment deals secured from the real estate («Notes») in the United states that have mortgage so you’re able to worth features less than 100%. Definition, the firm intends to your to buy Notes which might be completely protected having even more collateral publicity. Since Company primarily spends within the first mortgage loans, the company can get opportunistically invest in 2nd mortgages if they satisfy the above properties. The organization ily homes and you may faster multiple-friends attributes.
The fresh accompanying equilibrium sheet sets, comments off businesses, shareholders’ shortage and cash moves at the time of and tend to be unaudited and you will haven’t been reviewed by an external auditor
The next Consequence of Businesses are derived from the newest unaudited financial comments towards 6 months finished «), this new unaudited economic statements to your six months finished «), therefore the audited monetary comments at the time of .Seguir leyendo